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Crypto asset investment in Latvia declines by 50% over past year, per central bank
4.8.2023
According to Latvijas Banka, 4% of the population bought crypto assets in February, down from 8% in 2022, while payments “continue to prevail.”
Agence France-Presse sues Elon Musk and X/Twitter over compensation for news
3.8.2023
If the suit is successful, X/Twitter would have to turn over data in order for AFP to determine how much compensation it will seek
Crypto Custodian Hex Trust Expands European Foray With Registration in France
2.8.2023
The registration, which follows last year's approval in Italy, is "a significant milestone" for its European expansion plans, Hex Trust said
European digital asset manager CoinShares’ revenue up 33% in Q2
1.8.2023
Proprietary trading activities contributed heavily to the revenue increase
GitHub, Hugging Face, urge EU to relax open-source AI rules
29.7.2023
An open letter calls for a review of the European AI Act, claiming that existing provisions would hinder open source AI development
ECB Tightens Grip With 12th Consecutive Rate Hike; Lagarde Asserts ‘No Cuts’ Amid Lingering Inflation Concerns
27.7.2023
The European Central Bank (ECB) has raised the benchmark bank rates by 25 basis points (bps) citing that inflation was down but still remained “too high for too long.” When ECB president Christine Lagarde was pressed about cutting rates by reporters, Lagard insisted the central bank was “not going...
German political parties split on how to regulate increasing AI adoption
27.7.2023
As the trilogue on the AI Act begins, the European Commission, German politicians, and digital experts express skepticism and make new demands
Securitize issues tokenized assets in Spain, plans September trading start
27.7.2023
The U.S.-based trading platform is set to become the first to issue and trade tokenized assets in both the U.S. and the EU, and will operate under the new DLT pilot regime
Why France Is Emerging as a European Crypto Hub
26.7.2023
European Blockchain Convention 9, set to be Europe’s largest blockchain event in 2H 2023
26.7.2023
European Blockchain Convention 9 is set to be Europe’s largest blockchain event in 2H 2023, surpassing all its previous editions since the event was launched in 2018. Ready to welcome 5,000 attendees, EBC9 is scheduled for October 24-27, 2023, in the vibrant city of Barcelona, ahead of...
EU Stablecoin Issuers With Bank Assets in Reserve Will Get Extra Regulation, EBA Draft Says
24.7.2023
The EU agency is consulting on new MiCA rules that mean “significant” tokens are centrally supervised with extra capital requirements
The EU Commission’s strategy on Web4 is a flop
18.7.2023
There’s a lot of work left to be done on Web 3.0. The European Commission is getting ahead of itself by trying to move to what it calls “Web 4.0.”
Euro stablecoin market set to take off, thanks to real-world uses, regulatory clarity: Circle exec
17.7.2023
Circle’s Patrick Hansen provided an overview of the euro-denominated stablecoin market at EthCC; it all looks rosy, he said
Europe Expects Its First Bitcoin ETF This Month, Report
16.7.2023
Europe’s first bitcoin exchange-traded fund (ETF) is set to launch in July after a 12-month delay caused by the crypto winter. The fund has been authorized in Guernsey, a more flexible jurisdiction, which will ostensibly help to avoid some of the regulatory challenges associated with the European...
Court: FTX spent $400 million on the acquisition of its European branch
13.7.2023
The goal behind an overpriced buyout of the Swiss company was to get a proper European license
European regulator releases consultative paper on MiCA standards for crypto asset service providers
12.7.2023
The European Securities and Markets Authority will release three consultations as it fulfills its mandate under MiCA regulations
EU ‘Understands the Benefits of Having One Crypto Market’, Says Blocktrade CEO Christian Niedermüller
12.7.2023
The EU's comprehensive work on regulating the industry will provide numerous benefits to crypto companies and their customers, argued Christian Niedermüller, CEO of the fully regulated crypto platform Blocktrade, in an interview with Cryptonews.
However, it will also create certain difficulties...
European Banking Authority calls for early adoption of stablecoin standards
12.7.2023
EBA officials anticipate a surge in stablecoin issuance over the coming months and have urged businesses to use its guiding principles before the necessary restrictions are implemented
‘Extended reality’ to create 860K jobs by 2025: EU Commission
12.7.2023
The European Commission has laid out its plans for becoming a “world leader” in Web 4.0 and the Metaverse
EU’s Metaverse Vision Focuses on Standards, Governance and Funding
11.7.2023
The EU isn’t proposing new laws but could spend hundreds of millions on research into virtual worlds